Core Viewpoint - Zhangjiang Hi-Tech (600895.SH) announced the dissolution of its partnership fund due to significant changes in the industry and investment market environment since the fund's establishment, which no longer aligns with the collective interests of all partners [1] Group 1: Fund Dissolution - The partners unanimously decided to dissolve the partnership enterprise based on the provisions of the Partnership Enterprise Law of the People's Republic of China and the partnership agreement [1] - A liquidation team has been established by Chenglin Venture Capital to ensure an orderly execution of the dissolution and liquidation process [1] - The liquidator responsible for the liquidation affairs is Shanghai Chenglin Xinlun Technology Development Co., Ltd., which serves as the executive partner [1] Group 2: Regulatory Compliance - As of the date of the announcement, Chenglin Venture Capital has obtained a registration notice from the market regulatory authority, confirming the registration of its cancellation [1]

Core Viewpoint - The company, Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd., has released its third-quarter report for 2025, highlighting significant growth in sales revenue and rental income in its real estate business, despite no new project reserves being added during the period [8][10]. Financial Performance - For the first nine months of 2025, the company reported a sales revenue of 1.129 billion yuan, representing a year-on-year increase of 24.81% [8]. - The total rental income for the same period was 861 million yuan, which is a 13.31% increase compared to the previous year [8]. - The company completed a construction area of 103,000 square meters during the first nine months, with new construction area also at 27,000 square meters [8]. Shareholder Information - The company has not added any new real estate project reserves as of the end of September 2025 [8]. - The total area of leased properties reached 1.8683 million square meters by the end of September 2025 [8]. Bond Issuance - The company has received approval from the China Securities Regulatory Commission to publicly issue bonds totaling up to 4 billion yuan to professional investors [10][11]. - The bond issuance is valid for 24 months from the date of approval, allowing the company to issue the bonds in multiple tranches [11]. Investor Communication - The company will participate in a collective performance briefing for the third-quarter results on November 13, 2025, to address investor inquiries and provide insights into its financial performance [13][15].

Core Viewpoint - Zhangjiang Hi-Tech (600895.SH) reported a strong performance in the first three quarters of 2025, with significant year-on-year growth in both revenue and net profit [1] Financial Performance - The company achieved an operating revenue of 2.004 billion yuan, representing a year-on-year increase of 19.09% [1] - The net profit attributable to shareholders of the listed company was 617 million yuan, reflecting a year-on-year growth of 20.66% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 614 million yuan, which is a year-on-year increase of 21.76% [1]

Core Viewpoint - Zhangjiang Hi-Tech Park Development Co., Ltd. reported strong financial performance for the first three quarters of 2025, with significant growth in both revenue and net profit [1] Financial Performance - The company's operating revenue for the first three quarters reached 2.004 billion yuan, representing a year-on-year increase of 19.09% [1] - The net profit attributable to shareholders was 617 million yuan, showing a year-on-year growth of 20.66% [1] Real Estate Business - In the real estate sector, the company achieved sales revenue of 1.129 billion yuan from January to September, which is a year-on-year increase of 24.81% [1] - As of the end of September, the total area of leased real estate was 1.8683 million square meters [1] - The total rental income from the real estate business for the first nine months was 861 million yuan, reflecting a year-on-year increase of 13.31% [1]

Core Insights - Zhangjiang Hi-Tech reported a revenue of 2,003,710,164.33 yuan for the first three quarters of 2025, representing a year-on-year growth of 19.09% [1] - The net profit attributable to shareholders of the listed company reached 616,573,317.58 yuan, showing a year-on-year increase of 20.66% [1] Financial Performance - Revenue for the first three quarters of 2025: 2,003,710,164.33 yuan, up 19.09% year-on-year [1] - Net profit for the same period: 616,573,317.58 yuan, up 20.66% year-on-year [1]

关于参加 2025 年上海辖区上市公司三季报集体业绩说明会 的公告 股票代码：600895 股票简称：张江高科 公告编号： 临 2025-032 上海张江高科技园区开发股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 投资者可于 2025 年 11 月 06 日（星期四）至 11 月 12 日（星期三）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 investors@600895.com 进行提问。公司将在说明会上对投资者普遍关注的问题 进行回答。 上海张江高科技园区开发股份有限公司（以下简称"公司"）于 2025 年 10 月 31 日发布公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公 司 2025 年前三季度经营成果、财务状况，公司计划于 2025 年 11 月 13 日（星期 四）15:00-16:30 参加 2025 年上海辖区上市公司三季报集体业绩说明会，就投 资者关心的问题进行交流。 一、 说明会类型 本次业绩说明会通过网络互动形式召开， ...

其中2025年7—9月，公司房地产业务新开工面积0.27万平方米，竣工面积 10.3万平方米。 股票代码：600895 股票简称：张江高科 编号：临2025-031 上海张江高科技园区开发股份有限公司 2025年第三季度房地产业务主要经营数据公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 根据上海证券交易所《上海证券交易所上市公司自律监管指引第3号——行 业信息披露》要求，特此公告上海张江高科技园区开发股份有限公司（以下简 称"公司"）2025年第三季度房地产业务主要经营数据： 1. 2025年1--9月，公司无新增房地产项目储备。 2. 2025年1--9月，公司房地产业务新开工面积0.27万平方米，竣工面积 10.3万平方米。 3. 2025年1--9月，公司房地产业务实现销售收入11.29亿元，同比增加 24.81%。 4. 2025年9月末，公司出租房地产总面积186.83万平方米。2025年1--9月 公司房地产业务取得租金总收入8.61亿元，同比增加13.31%。 其中2025年7--9月，公司房地产业务取得 ...

上海张江高科技园区开发股份有限公司 关于公司向专业投资者公开发行公司债券获得 中国证券监督管理委员会注册批复的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 上海张江高科技园区开发股份有限公司（以下简称"公司"）近日收到中国证 券监督管理委员会出具的《关于同意上海张江高科技园区开发股份有限公司向专业 投资者公开发行公司债券注册的批复》（证监许可[2025]2383 号），批复内容如下： 一、同意公司向专业投资者公开发行面值总额不超过 40 亿元公司债券的注册 申请。 二、本次发行公司债券应严格按照报送上海证券交易所的募集说明书进行。 股票代码：600895 股票简称：张江高科 公告编号： 2025-033 三、本批复自同意注册之日起 24 个月内有效，公司在注册有效期内可以分期 发行公司债券。 四、自同意注册之日起至本次公司债券发行结束前，公司如发生重大事项，应 及时报告并按有关规定处理。 公司董事会及授权人士将按照有关法律法规和核准文件的要求及公司股东大 会的授权办理本次发行公司债券的相关事宜，并及时履行信息披露 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥299,856,475.38, a decrease of 34.41% compared to the same period last year[3] - The total profit for the period was ¥318,268,149.48, reflecting a decline of 2.24% year-on-year[3] - The net profit attributable to shareholders was ¥247,427,165.83, showing a slight increase of 1.09% compared to the previous year[3] - The basic earnings per share for the period was ¥0.15, down 6.25% from the same period last year[3] - Total operating revenue for the first three quarters of 2025 reached ¥2,003,710,164.33, an increase of 19.0% compared to ¥1,682,512,627.12 in the same period of 2024[19] - Net profit for the first three quarters of 2025 was ¥581,730,562.00, representing a 15.7% increase from ¥502,238,983.41 in 2024[20] - Basic and diluted earnings per share for the first three quarters of 2025 were CNY 0.38, compared to CNY 0.33 in the same period of 2024, marking an increase of approximately 15.2%[21] - Total comprehensive income for the first three quarters of 2025 was CNY 544,116,658.55, compared to CNY 492,592,403.17 in 2024, representing an increase of about 10.5%[21] Assets and Liabilities - Total assets at the end of the period amounted to ¥60,422,649,149.25, an increase of 1.72% from the end of the previous year[4] - Current assets totaled ¥22,885,764,389.83 as of September 30, 2025, a decrease of 3.8% from ¥23,800,541,233.37 at the end of 2024[16] - Non-current assets amounted to ¥37,536,884,759.42, an increase of 5.4% from ¥35,601,973,760.61 at the end of 2024[17] - Current liabilities increased to ¥23,322,474,967.64, a rise of 36.5% from ¥17,119,641,820.74 at the end of 2024[17] - Total liabilities stood at ¥41,046,868,436.08, slightly up from ¥41,008,919,238.36 at the end of 2024[18] - Shareholders' equity totaled ¥19,375,780,713.17, an increase from ¥18,393,595,755.62 at the end of 2024[18] - Total liabilities as of the latest reporting period amounted to CNY 21.85 billion, an increase from CNY 20.16 billion in the previous year[26] - Total equity increased to CNY 8.28 billion from CNY 8.07 billion year-over-year[26] Cash Flow - Cash flow from operating activities showed a negative net amount of ¥587,227,411.73, a significant increase in outflow of 74.27% year-on-year[3] - The net cash flow from operating activities increased by 74.27 million, attributed to a significant increase in cash receipts from sales and a reduction in project development investments[10] - Cash inflow from financing activities for the first three quarters of 2025 was CNY 12,732,005,427.51, compared to CNY 8,869,189,874.17 in 2024, indicating an increase of approximately 43.5%[23] - The company reported a net cash outflow from operating activities of CNY -587,227,411.73 for the first three quarters of 2025, an improvement from CNY -2,282,389,385.24 in 2024[22] - Cash flow from operating activities for the first three quarters of 2025 was CNY 312.85 million, compared to a negative cash flow of CNY 39.41 million in the same period of 2024[31] - Cash flow from investing activities generated a net inflow of CNY 26.83 million in the first three quarters of 2025, compared to a net outflow of CNY 677.61 million in the same period of 2024[32] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 262,410[12] - The largest shareholder, Shanghai Zhangjiang (Group) Co., Ltd., holds 50.75% of the shares[12] Expenses and Impairments - The company reported a decrease in sales and marketing expenses by 35.60 million in the reporting period[10] - The company recorded a credit impairment loss of 100.00 million, indicating a reduction in provisions compared to the previous period[10] - The company’s financial expenses for the first three quarters of 2025 were CNY 327.84 million, down from CNY 381.88 million in the same period of 2024[28] Other Financial Metrics - The investment income for the reporting period increased to 106.85 million, primarily due to the rise in fair value of financial assets held by joint ventures[10] - The company's total income from non-operating activities for the reporting period was 15,202.80 million, significantly higher due to increased penalty income[10] Accounting Standards - The new accounting standards or interpretations will be implemented starting from 2025, affecting the financial statements from the beginning of that year[33]

Core Viewpoint - Zhangjiang Hi-Tech reported a decline in Q3 revenue and a slight decrease in net profit, while the first three quarters showed growth in both revenue and net profit compared to the previous year [1] Financial Performance - Q3 revenue was 300 million yuan, a year-on-year decrease of 34.41% [1] - Q3 net profit was 318 million yuan, a year-on-year decrease of 2.24% [1] - Revenue for the first three quarters was 2 billion 4 million yuan, a year-on-year increase of 19.09% [1] - Net profit for the first three quarters was 793 million yuan, a year-on-year increase of 22.95% [1]